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CHINA PRESS: Banking Regional Disparities Widening - Report

CHINA PRESS
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China’s banking sector performance shows regional disparities are widening, with the NPL ratio notably increasing in some central and western provinces, a report from the China Banking Association has said. However, the report highlighted overall commercial banks’ non-performing loan ratio reached 1.56% by the end of June, down 0.06 percentage points from the same period in 2023, and the lowest level since 2016. The report noted downward pressure on retail loan asset quality was more obvious than with corporate loans. (Source: Yicai)

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China’s banking sector performance shows regional disparities are widening, with the NPL ratio notably increasing in some central and western provinces, a report from the China Banking Association has said. However, the report highlighted overall commercial banks’ non-performing loan ratio reached 1.56% by the end of June, down 0.06 percentage points from the same period in 2023, and the lowest level since 2016. The report noted downward pressure on retail loan asset quality was more obvious than with corporate loans. (Source: Yicai)